How do I read a stock quote?
Reading a stock quote is easier than you think. In the US the quote is in dollars and in the UK the quote is in pence.
US Example
MSFT (Microsoft)
bid price 19.79
ask price 19.80
last price 19.79
As you buy at the ask price, buying 1 MSFT share would cost you $19.80, 100 would cost you $1980.
UK Example
TSCO (Tesco)
bid price 363.10
ask price 363.10
last price 363.00
Means buying 1 TSCO share would cost you £3.63, 100 would cost you £363.10p.
